Vietnam Plans Southern Mega-Port

Vietnam’s government has agreed on a port project in the country’s southern-most province Ca Mau in the Mekong Delta. The port is costing some $2.5 billion according to media reports and would be able to host some of the world’s biggest ships.

The Hon Khoai port would be built under a public-private partnership, the government said in a statement on Saturday, while local media, citing a provincial proposal, said 85 percent of the funding would be via loans from the Export-Import Bank of the United States.

The remaining 15 percent of the cost will come from the private sector.

State-run news website VnEconomy said the provincial authority had proposed local, unlisted Cong Ly Construction-Trading-Tourism as investor for the project.

The five-year project, to be completed in 2020, will need further evaluation and approval from the Ca Mau provincial authority, the government said in a directive posted on its website on Friday.

As the third anniversary of the entry into force of the Maritime Labour Convention 2006 (MLC) approaches, Seafarers’ Rights International (SRI) is embarking on a comprehensive study on the effectiveness of the Convention. The study has been commissioned by the International Transport Workers’ Federation. It will be an in-depth and... Read more →